Chilean government bond yields: an econometric analysis
This paper econometrically models the dynamics of Chilean government bond (CLGB) yields from a Keynesian perspective. It applies a generalized autoregressive conditional heteroscedasticity (GARCH) approach to monthly macroeconomic and financial data to examine whether the current short-term interest...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Taylor & Francis Group
2025-12-01
|
| Series: | Journal of Applied Economics |
| Subjects: | |
| Online Access: | https://www.tandfonline.com/doi/10.1080/15140326.2024.2434918 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1849434267601338368 |
|---|---|
| author | Tanweer Akram Syed Al-Helal Uddin |
| author_facet | Tanweer Akram Syed Al-Helal Uddin |
| author_sort | Tanweer Akram |
| collection | DOAJ |
| description | This paper econometrically models the dynamics of Chilean government bond (CLGB) yields from a Keynesian perspective. It applies a generalized autoregressive conditional heteroscedasticity (GARCH) approach to monthly macroeconomic and financial data to examine whether the current short-term interest rate has a decisive influence on long-term CLGB yields, after controlling for key variables, such as inflation, the growth of industrial production, and the percentage changes in the equity price index, the Chilean peso’s (CLP) exchange rate, and the Banco Central de Chile’s (BCCH) total assets. |
| format | Article |
| id | doaj-art-5a1a38ec6e85439fb1bca66b892f77d7 |
| institution | Kabale University |
| issn | 1514-0326 1667-6726 |
| language | English |
| publishDate | 2025-12-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Journal of Applied Economics |
| spelling | doaj-art-5a1a38ec6e85439fb1bca66b892f77d72025-08-20T03:26:43ZengTaylor & Francis GroupJournal of Applied Economics1514-03261667-67262025-12-0128110.1080/15140326.2024.2434918Chilean government bond yields: an econometric analysisTanweer Akram0Syed Al-Helal Uddin1Independent ScholarGraham School of Business, York College of Pennsylvania, York, United StatesThis paper econometrically models the dynamics of Chilean government bond (CLGB) yields from a Keynesian perspective. It applies a generalized autoregressive conditional heteroscedasticity (GARCH) approach to monthly macroeconomic and financial data to examine whether the current short-term interest rate has a decisive influence on long-term CLGB yields, after controlling for key variables, such as inflation, the growth of industrial production, and the percentage changes in the equity price index, the Chilean peso’s (CLP) exchange rate, and the Banco Central de Chile’s (BCCH) total assets.https://www.tandfonline.com/doi/10.1080/15140326.2024.2434918Chilean government bond (CLGB) yieldslong-term interest rateshort-term interest rateBanco Central de Chile (BCCH) |
| spellingShingle | Tanweer Akram Syed Al-Helal Uddin Chilean government bond yields: an econometric analysis Journal of Applied Economics Chilean government bond (CLGB) yields long-term interest rate short-term interest rate Banco Central de Chile (BCCH) |
| title | Chilean government bond yields: an econometric analysis |
| title_full | Chilean government bond yields: an econometric analysis |
| title_fullStr | Chilean government bond yields: an econometric analysis |
| title_full_unstemmed | Chilean government bond yields: an econometric analysis |
| title_short | Chilean government bond yields: an econometric analysis |
| title_sort | chilean government bond yields an econometric analysis |
| topic | Chilean government bond (CLGB) yields long-term interest rate short-term interest rate Banco Central de Chile (BCCH) |
| url | https://www.tandfonline.com/doi/10.1080/15140326.2024.2434918 |
| work_keys_str_mv | AT tanweerakram chileangovernmentbondyieldsaneconometricanalysis AT syedalhelaluddin chileangovernmentbondyieldsaneconometricanalysis |